Tech Company Financing Transactions
Lumotive Funding Round
Gates Frontier Fund, Grazia Equity and Himax Technologies participated in a $45 million Series B funding round for Lumotive. This venture round closed on 2/19/2025.
Transaction Overview
Company Name
Announced On
2/19/2025
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Investors
Proceeds Purpose
This new funding will accelerate growth in three strategic areas: Global Market Expansion: The company is scaling its operations worldwide to meet growing demand from customers and partners in critical industries. By strengthening its international presence, it will provide responsive, localized support and customized solutions tailored to specific technical and business needs.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
4104 148th Ave NE
Redmond, WA 98052
USA
Redmond, WA 98052
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2018, Lumotive is a leader in solid-state, 3D-sensing systems, developing high-performance solutions for consumer electronics, industrial automation, robotics and automotive applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Heidari
Chief Technical Officer
Gleb Akselrod
VP - Bus. Development
Axel Fuchs
VP - Engineering
Apurva Jain
Browse more venture capital transactions:
Prev: 2/19/2025: Atrandi Biosciences venture capital transaction
Next: 2/19/2025: Verkada venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs